• Latest
  • Trending

Taxi bodies start talks for extended payment holidays

June 28, 2020
Johannesburg traffic roads

Challenges facing road users at Maalgate River Bridge R102 project

April 13, 2021
road accidents

Reduction in road accidents

April 8, 2021
NTA still waiting for Mbalula’s response to demands

Transformation imperative in aviation: Mbalula

April 8, 2021
Minibus taxis in Alexandra township, Johannesburg.

Santaco says ‘No’ to taxi fare increase while NTA gives it a thought

April 8, 2021

Gautrain offers student travel pass discounts

April 7, 2021

Most South Africans prefer travelling by foot

April 7, 2021
Integrated transport

Gauteng may give taxis a reprieve on e-tolls

April 7, 2021
NTA still waiting for Mbalula’s response to demands

Limpopo and Gauteng record high deaths during Easter

April 6, 2021
Ford SA lends helping hand to fight against Covid-19

Ford SA lends helping hand to fight against Covid-19

March 31, 2021
Toyota upgrades its Hiace Ses’fikile and improves Covid-19 driver guard

SATAXI introduces incentive scheme for taxis

March 31, 2021
DiDi

Chinese Uber Competitor DiDi Chuxing Expands To Cape Town

March 29, 2021
Uber

Uber driver behind bars for hijacking and kidnapping

March 24, 2021
Profit margins in South Africa’s minibus taxi industry have been under pressure long before the COVID-19 lockdown. Karel Prinsloo / AFP via GettyImages

Zululand taxi industry mourns King Goodwill Zwelithini 

March 24, 2021
Minibus taxis in Alexandra township, Johannesburg.

KwaZulu-Natal taxi association fights illegal operators

March 24, 2021
A Taxi Foundation in collaboration with POWA

Corporate collaborations join forces with POWA to fight GBV

March 23, 2021
taxis

Limpopo taxi body gets life back under level one

March 8, 2021
Juliet Mamqibela Murembiwa

The Iron Lady from Limpopo hails taxi industry 

March 8, 2021

Stats SA shows taxis now take more taxis 

March 8, 2021
Minibus taxis in Alexandra township, Johannesburg.

Taxi industry welcomes the easing of restrictions

March 8, 2021
Uber

Uber drivers in South Africa: employees or independent contractors?

March 3, 2021
Volvo C40 Recharge

Meet The New, Pure Electric Volvo C40 Recharge

March 3, 2021

Toll tariffs adjusted to 3.39% inflation rate

February 24, 2021
Taxi industry to plead for early vaccination 

Taxi industry to plead for early vaccination 

February 18, 2021
taxis

SA Taxi officially opens its doors to drive Mbombela forward

February 18, 2021
NTA still waiting for Mbalula’s response to demands

NTA still waiting for Mbalula’s response to demands

February 15, 2021
COVI19

KwaZulu-Natal suspends major events as Covid-19 wrecks havoc

February 15, 2021
taxis

Taxi industry new fight against potholes

February 15, 2021
A policeman stands guard during a protest by minibus taxi operators against a new bus service for Johannnesburg. Alexander Joe/AFP via Getty Images

Diepmeadow chairman dies under mysterious circumstances

February 15, 2021
Minibus taxis in Alexandra township, Johannesburg.

Taxi operator lives in fear of losing vehicle to the bank

February 15, 2021
A policeman stands guard during a protest by minibus taxi operators against a new bus service for Johannnesburg. Alexander Joe/AFP via Getty Images

Warring Limpopo taxis cool off after MEC intervention 

February 15, 2021
  • Contact us
  • Advertise Here
  • Login
Gibela Transport Magazine
Advertisement
ADVERTISEMENT
  • Home
  • Airports
  • COVID-19
  • Editorial
  • Government
  • Rail
  • Taxis
  • Tenders
No Result
View All Result
  • Home
  • Airports
  • COVID-19
  • Editorial
  • Government
  • Rail
  • Taxis
  • Tenders
No Result
View All Result
Gibela Transport Magazine
No Result
View All Result
ADVERTISEMENT
Home Taxis

Taxi bodies start talks for extended payment holidays

Giyani Shivambo by Giyani Shivambo
June 28, 2020
in Taxis
1 0
0
2
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The National Taxi Alliance (NTA) and the South African National Taxi Council (Santaco) have begun talks with financial lenders over the extension of payment holidays after the expiry of the current one that began when the county went into lockdown on March 26.

Many institutions were expecting taxi operators – many of whom have pleaded poverty because of the impact the Covid-19 had on their businesses – to start making payments on their monthly installments at the end of June. 

Although Bafana Magagula, Santaco strategic officer did not commit to admitting that the organization had also begun talks with, among others, SA Taxi, he confirmed a visit to the company’s office by a Santaco delegation led by its president Philip Taaibosch on Wednesday, 24 June but declined to confirm of such a visit was connected with the issue of the extension of the payment period. 

“The President was there today with our team but I don’t know what they were talking about,” said Magagula who also dismissed the claims by Transport Minister Fikile Mbalula that he had convinced financial institutions to extend the payment period by at least two to three months. “You must know that whether under bad or normal circumstances it is the leadership that has to go there and speak to these financial sectors,” said Magagula.

Theo Malele, spokesman for the NTA said they began engaging different institutions on Saturday, 21 June on behalf of taxi operators across affiliation lines to convince lenders to extend tge repayment holiday period by another three months.”If people have been working at a loss how then do you expect them to pay end of June? We have to do this for all taxi operators across even of they belong to other structures,” said Malele, who also confirmed that the organization’s leadership was also at SA Taxi the same day that the Santaco team was also there.

In a statement prepared for the media NTA said that it believed the latest suggested payment arrangement could be good for both the taxi industry and the financial institutions. The NTA has suggested payment under the new arrangement should follow sequence that would allow payment to start at 65% from end of July, followed by 75% for August and 100% for September. 

“We believe that this arrangement will provide a feasible recovery plan for both the industry and the financial institutions,” read the statement.

Would you like to hear more about this? You can subscribe here ...

Unsubscribe
Giyani Shivambo

Giyani Shivambo

Related Posts

Johannesburg traffic roads
Roads

Challenges facing road users at Maalgate River Bridge R102 project

by Mokgalwane Mogano
April 13, 2021
Minibus taxis in Alexandra township, Johannesburg.
People

Santaco says ‘No’ to taxi fare increase while NTA gives it a thought

by Giyani Shivambo
April 8, 2021
Integrated transport
eTolls

Gauteng may give taxis a reprieve on e-tolls

by Mokgalwane Mogano
April 7, 2021
NTA still waiting for Mbalula’s response to demands
Cars

Limpopo and Gauteng record high deaths during Easter

by Giyani Shivambo
April 6, 2021

Latest

  • All
  • Taxis
  • Rail

Spotlight on transport, as SA gears up for taxi lekgotla

October 26, 2020

Have your say on the national taxi lekgotla

September 11, 2020
DiDi

Chinese Uber Competitor DiDi Chuxing Expands To Cape Town

March 29, 2021

Browse by Tags

ACSA Arrive Alive Aviation BMW coronavirus COVID-19 Department of Transport Eskom featured Fikile Mbalula Gautrain Jacob Mamabolo Mbalula Mbombela minibus taxi Minibus taxis Minister Mbalula National Taxi Alliance NTA President Cyril Ramaphosa public transport RTIA RTMC SANRAL Santaco SA Taxi South Africa Taxi Indaba taxi industry Taxi Lekgotla taxis taxi violence Tender Toyota Transaction Capital Transport Transport Minister Transport Month Uber Volvo VW Commercial VW Crafter Women Women's Month Zimbabwe
Gibela Transport Magazine

GIBELA is a digital and print publication and a premier source of transport news on minibus taxis, aviation, e-hailing, cars, logistic transport, rail, the Gautrain, mobiity-as-a-service, (transport) technology and bus services.

MAIN MENU

  • Home
  • Airports
  • COVID-19
  • Editorial
  • Government
  • Rail
  • Taxis
  • Tenders

SPEAK TO US

  • Contact us
  • Advertise Here

© 2020 All copyrights reserved - Gibela Online Transport Magazine; part of Motho Media & Geko Publishing (Pty) Ltd.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2020 All copyrights reserved - Gibela Online Transport Magazine; part of Motho Media & Geko Publishing (Pty) Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.